Sunday , October 24 2021
Home / South China Morning Post / China to ‘deepen’ antitrust probe into mobile payment sector despite ‘interim progress’

China to ‘deepen’ antitrust probe into mobile payment sector despite ‘interim progress’

Summary:
[unable to retrieve full-text content]China’s central bank will “deepen” its antitrust investigations into the mobile payment sector, which has been dominated by a few private financial technology firms, despite “interim progress” made in the last year, its deputy governor said on Friday.Beijing has enhanced the regulation surrounding Big Tech companies and has indicated a continued clampdown amid the country’s prolonged de-risking strategy.“The antitrust actions in the payment sector need to deepen,” Fan Yifei told China Payment…

Topics:
Frank Tang considers the following as important:

This could be interesting, too:

Calculated Risk writes Real Estate Newsletter Articles this Week

[email protected] (New Deal democrat) writes Weekly Indicators for October 18 – 22 at Seeking Alpha

Martin Choi writes China will set up a property tax pilot plan, taking small steps after years of dithering to tame home prices for common prosperity

Calculated Risk writes Schedule for Week of October 24, 2021

[unable to retrieve full-text content]
China’s central bank will “deepen” its antitrust investigations into the mobile payment sector, which has been dominated by a few private financial technology firms, despite “interim progress” made in the last year, its deputy governor said on Friday.Beijing has enhanced the regulation surrounding Big Tech companies and has indicated a continued clampdown amid the country’s prolonged de-risking strategy.“The antitrust actions in the payment sector need to deepen,” Fan Yifei told China Payment…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.